CISO vs FTK: Correlation
CISO Global, Inc. (CISO) and Flotek Industries, Inc. (FTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISO and FTK?
Over the past 3 years, CISO and FTK moved with a correlation of 0.38, which is moderate. The link has loosened recently: the 1-year correlation (0.01) runs below the 3-year figure (0.38). Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 4170.7 %².
Within CISO's tracked universe of 10 assets, FTK comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FTK ahead by 176.2 points (-76.0% versus +100.2%). Note the risk asymmetry: CISO runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CISO vs FTK: side by side
| CISO (CISO Global, Inc.) | FTK (Flotek Industries, Inc.) | |
|---|---|---|
| 1-year return | -76.0% | +100.2% |
| 5-year return | -99.7% | +196.8% |
| Volatility (ann.) | 130.3% | 84.8% |
| Beta vs S&P 500 | 1.40 | 1.61 |
| Max drawdown (3Y) | -93.9% | -49.6% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 24.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISO | FTK |
|---|---|---|
| 2022 | – | -0.9% |
| 2023 | -96.0% | -41.7% |
| 2024 | +126.8% | +143.1% |
| 2025 | -86.2% | +80.8% |
| 2026 | -53.1% | +41.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISO and FTK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CISO and FTK?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.01 over the last year and 0.23 over 5 years.
Is FTK a good diversifier for CISO?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ciso-vs-ftk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciso-vs-ftk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CISO correlations · FTK correlations
